Conference Board Leading Economic Index for the U.S. Increased in September

Press release from the issuing company

Thursday, November 7th, 2013

The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.7 percent in September to 97.1 (2004 = 100), following a 0.7 percent increase in August, and a 0.4 percent increase in July.  

"The September LEI suggests the economy was expanding modestly and possibly gaining momentum before the government shutdown," said Ken Goldstein, Economist at The Conference Board. "Beyond the immediate fallout of the shutdown, the biggest challenge is whether relatively weak consumer demand, pinned down by weak wage growth and low levels of confidence, will recover during the final stretch of 2013 and into 2014."

The Conference Board Coincident Economic Index (CEI) for the U.S. increased 0.2 percent in September to 106.6 (2004 = 100), following a 0.3 percent increase in August, and no change in July.

The Conference Board Lagging Economic Index (LAG) increased 0.6 percent in September to 119.3 (2004 = 100), following a 0.3 percent increase in August and a 0.1 percent decline in July.


Summary Table of Composite Economic Indexes

             
   

2013

     

6-month

 

Jul

 

Aug

 

Sep

 

Mar to Sep

               

Leading index

95.7

r

96.4

r

97.1

p   

 

   Percent Change  

.4

r

.7

 

.7

p

3.0

   Diffusion

80.0

 

85.0

 

70.0

 

85.0

               

Coincident Index

106.1

 

106.4

r

106.6

p

 

   Percent Change

.0

r

.3

r

.2

p

1.0

   Diffusion

62.5

 

100.0

 

100.0

 

100.0

               

Lagging Index

118.3

 

118.6

 

119.3

p

 

   Percent Change

-.1

 

.3

 

.6

p

1.4

   Diffusion

35.7

 

57.1

 

85.7

 

50.0

               

n.a. Not available    p Preliminary    r Revised

           

Indexes equal 100 in 2004  

             

 

Source: The Conference Board